10min chapter

Today, Explained cover image

Who can fix 150% inflation?

Today, Explained

CHAPTER

The Economic Problems in Argentina: Inflation, Exchange Rates, and Corruption

This chapter delves into the current economic situation in Argentina, with a particular focus on the rampant inflation that affects all aspects of life for its citizens. It explores the existence of multiple exchange rates, a dual monetary system, and the presence of a significant black market for dollars. The chapter also discusses the actions taken by the government to address these issues, highlighting their short-term fixes and the underlying structural problems that remain unaddressed.

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